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Questar’s CEO on Energy and Climate Realities (A pretty darn good industry speech in our age of T. Boone Pickens, Aubrey McClendon, and other energy interventionists)

By The Editor -- May 1, 2009

Editor’s note: Keith Rattie, Chairman, President and CEO of  Questar Corporation, headquartered in Salt Lake City, Utah, gave this speech at Utah Valley University on April 2, 2009. The full version is on Questar’s website. Subtitles have been added.

Energy Myths and Realities

There may be no greater challenge facing mankind today – and your generation in particular – than figuring out how we’re going to meet the energy needs of a planet that may have 9 billion people living on it by the middle of this century. The magnitude of that challenge becomes even more daunting when you consider that of the 6.5 billion people on the planet today, nearly two billion people don’t even have electricity – never flipped a light switch.

False 1970s Consensus

Now, the “consensus” back in the mid-1970s was that America and the world were running out of oil.